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Bill: Income tax proposal of November 2733
Details
Submitted by[?]: Alorian Populist Party (DemCoa)
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: July 2734
Description[?]:
| The Alorian Populist Party (DemCoa) propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Aloria. This Flattens the tax rate, while still making it more Progressive. 8,000 ALo per year is a little less then double the per capita income. MEanwhile, this is a net tax cut on everyone making less then 10,000 ALO, which is more then double the median income. This does this by removing the lower brackets, meaning that while taxes on income over 8,000 are more, they are not more of one's total income till over 10,000 ALO. All this, plus it raises revenues for our budget. |
Proposals
Article 1
We propose to alter income tax brackets to the following setup. Information about the current income tax system can be found here.
| Bracket | Tax | Estimated Revenue |
| > 1 ALO | 1% | 3,907,000,000 ALO |
| > 8,000 ALO | 50% | 66,514,000,000 ALO | Total | 70,421,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||
| yes |
Total Seats: 306 | |||||
| no |
Total Seats: 222 | |||||
| abstain | Total Seats: 159 |
| Random fact: Cultural Protocols should generally be reflective of RP conducted within the nation and should not significantly alter or modify the ethnic, religious or linguistic composition without considerable and reasonable role-play or other justification. |
| Random quote: "The government was set to protect man from criminals, and the Constitution was written to protect man from the government." - Ayn Rand |